Position liquidation · Closed
$1.8M GMX v2 liquidation on Arbitrum, 23 May 2026
Magnitude
M 3.3
on-chain, scale v1
Position size
$1.8M
USD at the block
One long position on GMX v2 (Arbitrum) was liquidated at 07:50 UTC on 23 May 2026. Its size was $1.8M.
Facts
- Time
- 23 May 2026, 07:50 UTC
- Venue
- GMX v2 on Arbitrum
- Liquidated
- Long, Ethereum
- Liquidation events
- 1 in one transaction
- Coverage
- On-chain DeFi venues only; verified automatically from the blockchain
Sources
| Transaction | Venue | Value |
|---|---|---|
| 0x8a42d278…3e93ef | GMX v2 (Arbitrum) | $1.8M |
Values are in USD at the block of each liquidation, from on-chain prices. On-chain liquidation magnitudes measure DeFi venues only and are not yet comparable with hack or depeg magnitudes. Methodology · The magnitude scale